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6701 Stanley Avenue Berwyn, IL $ 2,499,000
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$ 2,499,000 Get more info
6701 Stanley Avenue
$ 2,499,000
Back to search
Share Save

6701 Stanley Avenue

Berwyn, IL, 60402
$ 2,499,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 16,609

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Multi-Family Home for sale in Berwyn, IL

for $2,499,000 with 3 bedrooms. This home was built in 1958.

Here's an exceptional opportunity to own a professionally managed 24-unit all brick building in Berwyn, Illinois, with assumable debt at a remarkable 4.88% interest rate and eight years still remaining. Enjoy the ease of an armchair investment, featuring 16 one-bedroom, one-bath, and 8 two-bedroom, one-bath units, all boasting numerous cosmetic updates completed within the last decade. Recent improvements include new electrical service installed in both properties in 2020. Tenants benefit from a beautifully landscaped shared courtyard, coin-operated laundry machines in the basement, and a spacious side parking lot offering 14 convenient parking spaces. This property is broker-owned, ensuring a professionally managed and exclusive investment opportunity. Don't miss out on this unparalleled deal!

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Multi-Family Active

Price

$ 2,499,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 75,374

Style

Year Built

1958

Town/City

Berwyn

County/Region

Cook

MLS | Web ID

12041047
Features
General
Zoning MULTI
Year Built 1958
Tenant Pays Electricity
Stories 2
Tax Year 2021
Gross Income 323712
County Cook
Net Operating Income 222018
Operating Expense 108674
Insurance Expense 7000
Property Type Commercial Sale Multi Family 5+
Status Active
Directions South on 3100 block of S Oak Park Ave. Turn west onto Stanley Avenue.
City Berwyn
NumberOfUnitsTotal 24
MLS Area Berwyn
Street Name Stanley
Tax Annual Amount 75374
Electric Expense 2900
Fuel Expense 15000
Trash Expense 1200
Water Sewer Expense 7200
Additional Parcels Y/N Y
Days on Market 18
Standard Status Active
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Exterior
Lot Dimensions 13 480 SF
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Concentric Realty, Inc

Broker

rdrafke@yahoo.com

Email

Affordability Calculator

$22,890
Per Month
73%
27%
0%
Monthly Principal & Interest
$16,609
Monthly Property Taxes
$6,281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/27/2024$2,499,000 Listed Price

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6701 Stanley Avenue, Berwyn, IL, 60402 is a Multi-Family Home for sale at $2,499,000. 6701 Stanley Avenue has 3 bedrooms, 0.0 baths, and was built in 1958. The property's zip code is 60402 which is in Berwyn, IL

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